Latin American Economy & Business - November 2018

Argentina: IMF programme gains some traction

In Argentine political culture IMF-supported austerity programmes are deeply unpopular, even toxic. But if you are forced to go down that route, you might as well try to do it well. That seems to be the thinking in the government of President Mauricio Macri, as officials report some signs of progress in implementing the US$56.3bn stand-by agreement (SBA).